1721 W Palmyra, Orange, California 92868, Orange, 92868 - 4 bed, 2 bath
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Orange, California 92868
Analysis of 1721 W Palmyra, Orange, California 92868 is currently available with a list price of $2,100,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Orange Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is in move-in ready condition with clear evidence of interior updates that modernize its 1962 construction. The interior features contemporary wide-plank flooring, neutral paint, plantation shutters, and updated light fixtures. The kitchen has been renovated with stone countertops and quality wood cabinetry. While the home is not a brand-new build, the major systems and surfaces appear well-maintained, and the extensive exterior structures, including the large metal workshop and barn, add significant value and utility without requiring immediate repair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43593, living area = 1810.
Spanning over an acre, this rare flat lot in a prime Orange location offers unparalleled development potential, space for ADUs, or significant residential expansion.
The property features a massive 40' x 30' metal building with 110V/220V power, a wooden barn, and multiple garages, providing extraordinary utility for car collectors and hobbyists.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1962, the original 1,810 sqft structure likely requires significant interior updates and capital investment to align with modern luxury standards.
The high list price relative to the living square footage may limit the buyer pool to specific investors or hobbyists who prioritize land and storage over a turnkey home.
Perfectly positioned in a prime Orange location, this rare mega flat lot offers just over an acre of land with endless possibilities. The charming single-story home features 4 bedrooms, 2 bathrooms, and an oversized 3-car garage. In addition, the property includes a massive storage garage and a wooden barn, providing incredible flexibility for storage, workshops, or future development. Car enthusiasts will appreciate the 40' x 30' metal building with ample 110V and 220V electrical outlets, offering space for up to 8 vehicles—ideal for collectors, hobbyists, or anyone needing extensive workspace. The expansive grounds are enhanced by abundant mature fruit and nut trees, including orange, persimmon, walnut, and macadamia, adding both beauty and potential for homegrown harvests. Ideally situated near Chapman University, Old Towne Orange, major medical centers, shopping, dining, and parks, the home also offers easy freeway access for convenient commuting throughout Orange County. Combining space, location, and exceptional potential, this is a truly unique opportunity in the heart of Orange.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,810 | 1,569 | 81% |
| Lot Size | 43,593 | 6,888 | 96% |
| Price | $2.10M | $1.03M | 96% |
| Price per sq ft | $1.2K | $682 | 96% |
| Built year | 1962 | 1956 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 168 | 4% |
Apr 14, 2026
$2,100,000
Initial Listing